Dingdong (Cayman) Ltd has a consensus price target of $1.15 based on the ratings of 1 analysts. The high is $1.15 issued by JP Morgan on March 5, 2024. The low is $1.15 issued by JP Morgan on March 5, 2024. The 3 most-recent analyst ratings were released by JP Morgan on March 5, 2024, January 11, 2023, and May 16, 2022, respectively. With an average price target of $5.22 between JP Morgan, there's an implied 26.93% upside for Dingdong (Cayman) Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Dingdong (Cayman) (NYSE:DDL) was reported by JP Morgan on March 5, 2024. The analyst firm set a price target for $1.15 expecting DDL to fall to within 12 months (a possible -72.02% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Dingdong (Cayman) (NYSE:DDL) was provided by JP Morgan, and Dingdong (Cayman) maintained their underweight rating.
The last upgrade for Dingdong (Cayman) Ltd happened on May 16, 2022 when JP Morgan raised their price target to $7. JP Morgan previously had an underweight for Dingdong (Cayman) Ltd.
There is no last downgrade for Dingdong (Cayman).
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dingdong (Cayman), and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dingdong (Cayman) was filed on March 5, 2024 so you should expect the next rating to be made available sometime around March 5, 2025.
While ratings are subjective and will change, the latest Dingdong (Cayman) (DDL) rating was a maintained with a price target of $1.40 to $1.15. The current price Dingdong (Cayman) (DDL) is trading at is $4.11, which is out of the analyst’s predicted range.
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